Loan Coordinator Resume Sample by mplett

Enjoy this expertly developed sample loan coordinator resume with complimentary cover letter strategies included. Unlike most resume samples you will find, this one is a completely editable Word document, which means you can revise this resume as needed to suit your needs while keeping the stylish format in tact.

JESSE KENDALL
123 Elm Street ▪ New Bedford, MA 02742 ▪ 508.555.5555 ▪ jkendall@notmail.com
LOAN COORDINATOR
Highly successful in coordinating dynamic lending activities, such as institution implementation, best practices development,
credit line extensions, or loan revisions. Reputation for carefully reviewing loan applications for completeness and accuracy.
Proactive in corresponding with applicants, lenders, and creditors to quickly resolve application questions. Professional in
preparing and delivering financial and regulatory reports. Proficient in MS Office and QuickBooks.
PROFESSIONAL EXPERIENCE
ABC MUTUAL BANK, New Bedford, MA ▪ 20xx -20xx
SENIOR LOAN COORDINATOR (20xx-20xx): Processed and underwrote retail mortgage loans that originated in various
branches throughout the country. Carefully analyzed credit reports, tax returns, financial statements, appraisal reports, esc row
instructions, and title reports; reviewed all loan documentation to proactively identify and prevent fraud. Monitored and tracke d
loans; kept customers/originators informed during the loan approval process. Followed up with closers to ensure that files we re
complete and ready to process for funds. Trained other loan officers on company standards and best practices.
 Effectively directed a pipeline of over 330 files.
 Successfully funded up to 40 files a month, well over the company standard of 22.
LOAN COORDINATOR (20xx-20xx): Advised customers on loan options. Provided customer service and loan information in
response to telephone inquiries. Generated and reviewed customer credit history, income records, and employment history in
advancement of mortgage loans. Structured loan offers based on evaluation of detailed personal information. Promoted the sale of
each loan. Analyzed credit reports, title and appraisal examinations, and income and asset documentation. Performed analysis of
lenders’ approval guidelines and programs.
 Provided customer service and worked closely with clients throughout the entire loan process.
 Conducted online document research in advancement of loans.
BCD FINANCIAL, New Bedford, MA ▪ 20xx -20xx
LOAN COORDINATOR (20XX-20XX): Worked closely with clients from loan origination to close. Requested credit, income, and
employment histories; analyzed and evaluated personal records to develop loan products closely suited to client needs.
Structured loan offers. Cultivated key relationships to effectively sell each loan. Accessed the Internet to complete
comprehensive document research.
 Analyzed lenders’ approval guidelines and programs to ensure success throughout loan cycle.
 Evaluated personal documents, including income and assets. Conducted title and appraisal examinations in advancement
of loans.
PROFESSIONAL TRAINING
ORIGINATION PRO MORTGAGE SCHOOL, New Bedford, MA
Entry-Level and Advanced Loan Origination Courses, 20xx
Creating a Compelling Cover Letter
A powerfully written cover letter is necessary to land most interviews and ensure job search success. When an advertised
position creates a pile of 100+ resumes, it becomes the responsibility of the hiring personnel to shortlist the applications.
Resumes without cover letters are usually the first to go, followed by the ones with poorly written cover letters. Avoid this
fate by following these effective strategies:
Address your cover letter appropriately:
Be sure that you get the name of the hiring manager before sending your resume, and address the letter to that individual.
The proper greeting will be either “Dear Mr. (Smith),” or “Dear Ms. (Smith).” Avoid using Miss or Mrs., and do not address
your letter to “Dear Sirs,” as it is considered inappropriate. If you are unsure of your contact’s gender, address them by
their first and last name, as in “Dear Pat Smith,” to avoid an embarrassing mistake. If you don’t know the name of the
hiring manager, simply use the greeting “Dear Hiring Manager,”– it’s clear, to the point, and gender neutral.
Get to the point in your opening paragraph:
One of the most common interviewing questions employers ask is “Why should I hire you among other candidates?”
Provide an answer to that question right off the bat in your opening paragraph. This is a very important section because it
is the first thing the employer will read. It must be powerful and make an immediate impact. Be sure sell yourself and your
unique abilities. Do not use a generic opening paragraph that can apply to any Tom, Dick or Harry.
Every line should sell you, so use aggressive language here and throughout the rest of your cover letter. For example,
instead of writing “My background is in finance management, making me well-suited for your advertised Corporate
Finance Director position.” you can write “A background in finance management and a proven record of developing
effective strategies that drive revenue, growth and shareholder value make me a strong candidate for your advertised
Corporate Finance Director position.”
Show your interest and sell your accomplishments in the body of the letter:
In this section, you need to show your interest in the job and the company. Research is a key ingredient to a successful
job search. The more you are able to demonstrate your interest and knowledge about a company, the better your chances
are to secure an interview. Get to know the company’s mission and new corporate initiatives, and tell them how you can
help them meet their objectives or resolve their problems. Praise the company for public recognitions or recent
accomplishments. The employer will surely take notice of your active interest.
Use “I” and “my” sparingly. Try not to use these words more than six times in your cover letter. You need to focus on what
you will bring to the company and how you will help them improve their profitability. Too much use of the word “I” will also
make your letter look elementary and poorly written.
For executive-level candidates and professionals with substantial achievements, a bullet point format is often the most
effective and efficient way to highlight accomplishments. If you fall into this category, be sure to keep the bullet point
statements unique and fresh. Do not copy and paste the exact same phrases from the resume as it will make you look
lazy. All sentences and achievements transferred from the resume should be rephrased.
Close your letter with a strong paragraph:
In the closing paragraph, you need to address several issues. At the very least, you need to ask for the interview and
provide contact information. This is also the ideal place to mention your salary requirements (if the employer insists on it),
or your desire to relocate.
To demonstrate your drive and interest, mention that you will call within a week to follow up. This is a great way to ensure
the resume was successfully received, and it creates an opportunity to establish a dialog. However, do not mention this in
your cover letter if you do not intend to follow up.
In summation, an aggressive and dynamic cover letter will help you stand out among the competition. Remember that the
goal is to market yourself – not to compose a dull biography.